
Description
Info
Offering price
$22.00
Liquidation price
TBA
Return On Investment
TBA
Details
Start date
April 06, 2020
End date
January 22, 2024
Minimal investment
110 USD
Price per share
22 USD
Offering size
50,000,000 USD
Latest valuation
30,200,000,000 USD
Soft cap
130,000 USD
Hard cap
50,000,000 USD
Company Website
Headquarters
Menlo Park, California
FAQ
How Does It Work?
Orderbook is partnered with several investment funds that acquire shares of companies that we tokenize. Every time a fund buys a portion of the shares of a company on paper, it creates the same amount of tokenized derivative shares on the blockchain. Every tokenized share is supported by a corresponding paper share in the fund's account, similar to how stablecoins are backed by fiat currency.
When Can I Sell My Shares?
There are two options available for investors: The first option is to sell the tokenized shares on Orderbook’s secondary market, which usually goes live within 1-2 months after the completion of the offering. The second option is to wait for the underlying company to go public. In this case, the fund will automatically sell the shares and send the proceeds to your Orderbook account. The distributions are made using one of the major stablecoins (USDC, cUSD, or equivalent).
What Is The Potential Income?
Every company is unique, making it difficult to predict outcomes. To gain insight into potential successes, we recommend exploring success stories which provide case studies of the latest exits.
Is It Safe?
Tokenized shares offer enhanced security compared to cryptocurrencies. With the implementation of KYC-enabled smart contracts and legal rights, stolen tokenized shares can be recovered. We can assist in recovering your account in most cases of password or key loss. However, we cannot provide support for poor financial performance, such as the bankruptcy of the underlying company. Remember, all investments carry risks, so please invest within your means.
Who can invest?
On Orderbook, individuals who successfully complete KYC and account verification are eligible to invest, thanks to the utilization of blockchain technology, which facilitates transactions as small as $1. However, certain geographical restrictions are in place for users based on OFAC sanctions and other compliance considerations.
Is it legal?
The answer to this question varies depending on your location and investor qualifications. The investment products are offered by Unicorn Tokenization Corp, an investment fund licensed by the BVI Financial Services Commission (“FSC”) under the Securities and Investment Business Act, 2010 (“SIBA”). Full legal disclosures are provided in the offering memorandum.